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Is sharing a live/work space 24x7 with startup cofounders a good idea? Has anyone had success with this?

Watching a CreativeLive recently about building your brand, a guest speaker spoke about living with his cofounders in SF..thought it was an interesting idea.

9 Replies

John Arroyo
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John Arroyo Entrepreneur • Advisor
Delivering ecommerce and cloud applications, CEO of Arroyo Labs
I've never tried that, but it sounds like a recipe for disaster. I guess if your cofounders are all on the same frame of mind and have a fully unified goal...but that's a huge if. I think age is a factor too, probably a lot easier if everyone is under 30.
Dan Lazar
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Dan Lazar Entrepreneur
Cofounder at CoRecruiters Network
Disclosure: I do not have direct experience with this.

But I will say that after having lived and worked with my girlfriend/wife whom I love and have an amazing relationship with, I will tell you that I have recently moved my workspace out of the home because it is clear that despite our love, good intentions, easy going personalities and the like; it has become apparent that we just NEED to see a greater variety of people within our days and evenings than mainly ourselves.

Due to this experience, I must say I cannot imagine working AND living with co-founders and having it work for any meaningful period of time. If you are all serious, you;ll be spending a TON of time together. You absolutely must have a personal space you can go to afterwards to decompress. And one where the way your co-founders act, chew food, fight with you or each other, make love, etc. can't affect you anymore.

Really just a crazy idea. ... BTW is that CreativeLive discussion available for viewing online? I'm interested to hear a story of how it could've worked.

Regards,
Dan
Jamie Danielle
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Jamie Danielle Entrepreneur
Owner J Danielle & Co. Domestic Staffing
Thanks for the feedback..the CreativeLive course was Building your Brand with Gail Porter & the guest speaker wasMike Del Ponte.
Dan Lazar
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Dan Lazar Entrepreneur
Cofounder at CoRecruiters Network
Interesting. Just out of curiosity, how did you find the course (interesting, informative, helpful, worth the money)?
Michael Barnathan
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Michael Barnathan Entrepreneur • Advisor
Co-Founder of The Mountaintop Program, Google Alum
This is how the company now known as Lore, formerly known as CourseKit, started up. They executed well and were just recently acquired, so that's at least one example of it working. That said, I believe that the founders were all college roommates already.
Alison Lewis
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Alison Lewis Entrepreneur • Advisor
CEO/Creative Director
Yes. I lived like that my first year as a start up. It works very well if there is an agreement of who does what and you can afford a house mother/manager. The point of doing this is to be with those with similar values and to support you and not be bogged down in the daily routine of housework. Meals together, parties, going out all good things. Usually these situations don't last very long as people start to go in different directions, so it works better if there is a group or person dedicated to thebusinessof the house.
Dan Lazar
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Dan Lazar Entrepreneur
Cofounder at CoRecruiters Network
Well, I stand corrected.
Matt Mireles
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Matt Mireles Entrepreneur • Advisor
I've done it. Was amazing 6 months. We really learned who each other was and were insanely productive. Big downside was the lack of outside exposure to customers, users, etc. and the insularity that came from that. In general however, I think it's a great thing to do, especially if you are a first time entrepreneur. --
Michael Coates
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Michael Coates Entrepreneur
Depends upon the chemistry of the two of you. That is custom for every pair.
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